PMP Math

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More In project management, Earned Value is a scorecard that shows how much of the intended work has been performed at a certain point in time. Practice Test Go Example   Assume you’re working on a mural. You calculated that it…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More Stakeholder Engagement Plan Earned Value Measurement is a project management strategy for tracking and evaluating project progress by comparing planned work with actual work accomplished and expenditures spent.   Practice Test Go Example Assume you’re constructing a treehouse. You expected…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More In project management, ETC (Estimate to Complete) refers to the projection or estimation of how much more money or effort will be required to complete a job or project based on current progress.   Practice Test Go Example Assume you’re…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More Estimate at Completion (EAC) is a project management term that refers to an estimate of the overall cost of the project by the time it is completed, based on current progress and performance. Practice Test Go Example Assume you’re planning…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More The term “Net Sales” refers to the entire amount of revenue or money collected from sales after subtracting any returns, discounts, or allowances. Practice Test Go Example Assume you’re in charge of a project that involves the sale of handcrafted…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More In project management, the Schedule Performance Index (SPI) is a number that informs you how efficiently you’re using time in your project. It compares the quantity of performed work to the amount of planned work. Practice Test Go Example Assume…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More Schedule Variance (SV) in project management is the difference between a project’s actual progress and its planned or projected progress at a given point in time. Practice Test Go Example Assume you’re planning a school function and want to finish…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More Straight Line Depreciation is a method used to spread out the cost of an asset evenly over its useful life.   Practice Test Go Example Imagine you buy a computer for your project that costs $2,000 and you expect it…